USDCAD within tight track – Analysis - 11-12-2017
Economies.com
2017-12-11 04:54AM UTC
The USDCAD pair did not show any strong move in the previous sessions, to fluctuate within tight track around 1.2850 level, and as long as the price is above 1.2723, our bullish overview will remain active, waiting to test 1.2927 level mainly.
Stochastic attempts to get rid of its negativity gradually to support the expected rise, noting that breaching the targeted level will push the price towards 1.3131 on the near term basis.
Expected trading range for today is between 1.2770 support and 1.2950 resistance.
Expected trend for today: Bullish
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